Cryptocurrency Analysis and News Portal
Bitcoin is still up in price despite the recent dips and the predictions have not slowed down. If anything, they have become even more prominent. Famed CEO of ARK Invest Cathie Wood has always been bullish on Bitcoin. The CEO earlier in the year had given what some would call
Read More
Polygon plans to introduce a Decentralized Autonomous Organization (DAO) for ether’s DeFi ecosystem. According to an announcement, incorporating a DAO mechanism should add 100 million more users into the network. Moreover, a $100 million fund may help bring the blockchain’s DAO concept to light. Improving DeFi’s Adoption Levels A DAO describes an ecosystem
Read More
Kusama is a platform that acts as a test environment, or a so-called “canary network,” for developers to experiment and determine the efficiency of their blockchain code and applications prior to their official release on the Polkadot network. Due to the trial-and-error nature of Kusama, developers can benefit from a less
Read More
Bitcoin (BTC) is replacing gold even as United States’ regulators attempt to disrupt its advance, said Mike McGlone of Bloomberg Intelligence on Monday.The senior commodity market strategist credited the “digitization of money and finance” behind the Bitcoin market’s superior growth against gold, noting that the same factors helped the U.S.
Read More
FUNToken today announced that they have created a new token, XFUN, to further increase the speed and transparency in iGaming while significantly decreasing the cost of transactions. XFUN is a new layer two token on Polygon, benefitting from the significantly increased performance and lower latency on this blockchain system. XFUN is
Read More
In addition to MINA and RAY, Binance currently has several other tokens listed in the Innovation Zone.Binance is listing Mina (MINA) and Raydium (RAY), adding both to its Innovation Zone, where users can now trade digital currencies. The exchange platform intends to open trading for MINA/BTC, MINA/BNB, MINA/BUSD, and MINA/USDT.
Read More
Chinese media reports that Audi plans to release limited-edition NFTs in conjunction with xNFT.Audi is set to release limited-edition NFTs in collaboration with xNFT. The German car manufacturer recently announced it could start minting the non-fungible tokens on the xNFT platform from August 10th. On the NFT release, Audi will also be
Read More
With the goals of increasing TVL, adding liquidity, attracting traders, and boosting platform stability, Phoenix Finance is working towards providing the best conditions possible to attract more users to its platform and grow within the DeFi sector.The success of DeFi in the past 12 months has been remarkable, with the
Read More
A 2022 trial date has been set for former NFL team owner and alleged "shadow banker" Reggie Fowler. Fowler is the accused operator of the shadow bank to the crypto sector, Crypto Capital which was at the center of controversy in the court case against IFinex Inc — the parent
Read More